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A. Legal Basis

Republic Act 10924: GENERAL APPROPRIATIONS ACT, FY 2017, p. 1558

Special Provision(s) 1. Hospital Income and Other Revenues from Golf Course Operations. In addition to the amounts appropriated herein, all income generated from the operations of the Veterans Memorial Medical Center (VMMC) shall be deposited in an authorized government depository bank and used to augment the hospital’s MOOE and Capital Outlay requirements: PROVIDED, That at least twenty-five percent (25%) of said income shall be utilized to purchase and upgrade hospital equipment used directly in the delivery of health services. Likewise, all revenues derived from the VMMC golf club membership dues, green fees, concession fees, and such other income from business-related operations of golf course shall be deposited in an authorized government depository bank and used to cover the expenses incurred in its operations. Any excess income from the operations of the golf course may be used to augment the hospital’s MOOE and Capital Outlay requirement. In no case shall income from hospital and golf course operations be used for the payment of salaries and allowances of the hospital’s permanent and regular employees. Disbursements or expenditures by the VMMC in violation of the above requirements shall be void and shall subject the erring officials and employees to disciplinary actions in accordance with Section 43, Chapter 5 and Section 80, Chapter 7, Book VI of E.O No. 292 and to appropriate criminal action under existing penal laws. The VMMC shall prepare and submit to the DBM not later than November 15 of the preceding year, the annual operating budget for the current year covering said income and the corresponding expenditures. Likewise, it shall submit to the DBM not later than March 1 of the current year its audited financial statement for the immediately preceding year. The Director of VMMC and the hospital’s web administrator or his/her equivalent shall be responsible for ensuring that the foregoing documents are likewise posted on the VMMC website.

B. Audited Financial Statements

        1. CY 2017

2. CY 2016

3. CY 2015

C. Statement of Actual Income Collection and Utilization (Form B)

        1.CY 2018

               a. As of June 30, 2018

               b. As of March 2018

1. CY 2017

        a. As of December 31, 2017

        b. As of September 30, 2017

c. As of June 30, 2017

d. As of March 31, 2017

2. CY 2016

a. As of December 31, 2016

b. As of September 30, 2015

c. As of June 30, 2016

d. As of March 31, 2016

3. CY 2015

a. As of December 31, 2015

b. As of September 30, 2015

c. As of June 30, 2015

d. As of March 31, 2015

D. Annual Operation Budget (Program of Expenditures)

1. CY 2018

2. CY 2017

3. CY2016

4. CY 2015

5. CY 2014

6. CY 2013